Item 1.03 Bankruptcy or Receivership
On April 13, 2005, Visual Bible International, Inc. (the "Company"),
was placed in interim receivership by the Ontario Superior Court of
Justice. RSM Richter Inc. was appointed as interim receiver by the
Court. On April 13, 2005, the Company issued a press release
describing these events, a copy of which is attached as Exhibit
99.1.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
(b) On April 6, 2005, two of the Company's four directors, Paul
Carroll and Jake Eberts, resigned from the board of directors.
A third director, Marlene Hore, resigned on April 7, 2005, and
the remaining director, Maurice Colson, resigned on April 8,2005. In addition, Mr. Colson resigned as the Company's Chief
Executive Officer on April 8, 2005, and Luc Perron resigned as
the Company's Chief Financial Officer on April 12, 2005.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
99.1Press release dated April 13, 2005.
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